All articles by Subscriber-only – Page 294
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NewsBritish Marine to support UK companies at smaller shows
In the wake of the closure of the London Boat Show, British Marine, the UK trade body for the marine leisure and small commercial market, plans to launch a new initiative in 2020 that will provide a support package to encourage companies to exhibit at a number of small UK ...
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NewsJames Watt Dock Marina reports strong growth in SY visits
Growing number of superyacht visits year-on-year
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InterviewCEO Insights | Growth in 2020?
As a 50-year veteran of the industry, IBI Publishing Director Nick Hopkinson has the ear of CEOs and key managers across the industry and is also a keen observer of the long-term trends driving the market. Here he shares observations from a recent discussion with two prominent CEOs about the ...
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NewsYamaha Motor’s share price jumps 13% on Q3 results
Japan’s top manufacturer of outboard motors, personal watercraft, and boats reported a 4% increase in marine revenues for the first nine months of 2019, and confirmed the company’s outlook for year-end results
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NewsAxopar looks to major expansion over next two years
Launch of new Axopar 37 at Boot Düsseldorf to play a key role
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Finnish boat sharing platform goes global
New Skipperi web service to be introduced in Scandinavia next year
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Report
Market Overview | Netherlands
It’s no longer just the superyacht sector grabbing headlines; the Dutch market is back, with most sectors enjoying solid growth, though economic uncertainty continues to make sales hard won
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Report
Market Overview | USA Equipment
In spite of ongoing tariffs and trade disputes, the US marine equipment market continues to surge driven by unprecedented technological innovation
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NewsItalian firm develops ultimate superyacht toy
An Italian company, iSpace2o, is developing a craft that is claimed to be able to attain planing speeds on the surface of the sea and to combine this with operating underwater. These combined talents of the advanced craft will make it a very appealing ‘toy’ for carriage on board a ...
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NewsHanse Yachts reports record turnover
Germany’s largest production boatbuilder increased turnover to €150m and achieved its highest profits since 2008
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NewsNew SY berths for Singapore yacht club
As Singapore starts to position itself as a regional business and financial hub in the wake of the Hong Kong crisis, the Republic of Singapore Yacht Club (RSYC) has upgraded its marina with new superyacht berths
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NewsBeneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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NewsAnnual revenues for US boat retailer MarineMax grew 5%
Financial results for America’s largest boat retailer – representing more than 20 boat and yacht brands across some 60 locations – were down for the company’s fourth quarter reflecting ’choppy’ market conditions across the industry in terms of both geography and product segments
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InterviewDamen & Amels | Rose Damen
Exploiting the unmatched synergy between the Damen and Amels brands, Rose Damen markets crossovers that are rocking the global yachting sector
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NewsBrunswick’s Q3 net sales down 5.7%
US-based Brunswick Corporation reported financial results through the end of September showing anticipated declines in top-line revenues, but exceeding earnings expectations
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InterviewMore acquisitions on the cards as Lippert reveals hand
With seven major acquisitions in the past five years, Lippert Components Inc has become a major player in the leisure boat industry. IBI recently caught up with CEO Jason Lippert, who spoke candidly about what lies next as it builds its marine portfolio
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Next step for Petestep
Swedish hull design company Petestep teams up with Zodiac and Torqeedo. The first project is the electric superyacht tender Avon eJet 450
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Torqeedo owner Deutz buys battery specialist
Exactly two years ago, German engine manufacturer Deutz took over Torqeedo, a leading specialist for electric boating systems. Now Deutz AG has announced the acquisition of the battery specialist Futavis. With the purchase of the company, which is located near the Dutch border, “Deutz AG is supplementing its electrification strategy ...
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